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Bulls Lost Significant Ground From Last Report

Below is the sentiment/bias of the major contributors at zentrader for the next 2 weeks. This is the most bullish I've seen the contributors since we started keeping track of this in November.

One side note is this article was composed late last night/early morning and just by rotation wasn't posted until late Monday night. Consider that when reading the views below when you consider today's moves in the financial markets.


All About Trends - While the indexes sit and spin most issues are pulling back in an orderly fashion. Those are the ones we want to key in one on market weakness as long as they remain in clearly defined uptrends. Anything that's been running we'll want to stay away from. Overall its a stock pickers market. - Neutral

Financial Tap - I'm bearish equities this week looking for a Daily Cycle Low to form by the end of the week. We should be in a new Cycle by next week which will launch a new push towards all time highs. - Bearish

Liz DeMera - Very bearish. Market headed down over next four weeks with oversold bounces on the way down. Negative divergences everywhere with too much complacency. - Bearish

Karen Starich - The markets could be sideways through March. Gold could see another pullback March 20th. - Bullish / Neutral

Jeff Pierce - My market timing signal issued buys on 2 of the 3 indexes I cover and with Friday's gap up and rally into the close everything looks good for a continuation of the rally next week. - Bullish

Chris Ebert - Covered Call/Naked Put Index (CCNPI) is bullish. Long Call/Married Put Index (LCMPI) shows bullish strength. Long Straddle/Strangle Index (LSSI) is currently normal, but could easily signal a substantial correction if the S&P gets near 1580 in the next week or so. - Bullish/Neutral.